Auction condo 60 sq m, Kathu (No. 81‑1)

We offer participation in an official auction for a condominium unit of 60 sq m in Kathu, Phuket. The unit is sold through the Legal Execution Department of Thailand. It comes with a condominium unit title and is sold free of mortgage.

The official appraisal is THB 2,649,960. The next auction is round 3 of 6, held on 2026-10-22, with a starting price of THB 2,119,968. The two earlier rounds had no bidders. A bidder security deposit of THB 150,000 is required, and the auction takes place at the Legal Execution Department office in Phuket. The final price is set at the auction. If several bidders take part, it can end up higher than the starting price.

Here is how the price is built at the starting price:

• starting price: THB 2,119,968;
• our support, 10%: THB 211,997;
• lawyer: THB 100,000;
• turnkey estimate: THB 2,431,965.

Our 10% fee is charged on the hammer price. Government transfer fees are paid separately. If the auction is not won, you pay only the lot check advance of THB 30,000. After a win, this advance counts towards the lawyer fee.

How it works for a foreign buyer:

1. You choose the lot and send a request.
2. Our lawyer checks the title, encumbrances and condominium debts. We inspect the building from outside and, if possible, inside.
3. You sign the service agreement and power of attorney, and transfer funds from abroad with a Foreign Exchange Transaction form.
4. We place the security deposit on auction day.
5. We bid up to your limit.
6. After a win, the balance is paid within 15 days (an extension of up to 3 months is possible on request), and the title is registered at the Land Office.
7. Handover follows, with eviction through the court officer if needed, and then renovation, rental or resale with us.

Foreigners can own a condominium unit within the 49% foreign quota of the building, with funds transferred from abroad. Banks almost never lend for auction purchases, so plan to use your own funds.

Honest risks: the announcement lists the title holder as the occupant, so vacant possession is not guaranteed. Eviction goes through the enforcement procedure, and our lawyer explains the timing. An inside viewing is often impossible, and the condition at handover is not guaranteed. This offer suits a buyer who is comfortable with the auction procedure and accepts these risks in advance.